Ugland Shipping Takes Bulker Resale Pair

As part of its fleet renewal program, Norway-based shipping company Ugland Shipping AS has decided to acquire two Ultramax resales being built at Asian shipyards.

The company has signed a resale contract with Japanese shipbuilder Sanoyas Shipbuilding for a 60,500 dwt bulk carrier. Slated for delivery in 2020, the vessel will be a sister vessel to Olita and Belita, delivered from the same shipyard earlier this year, according to the company.

Furthermore, Ugland Shipping has also inked a resale deal with Tsuneishi Cebu shipyard in the Philippines for a TESS-64 type bulk carrier. The ship is scheduled for delivery in the second half of 2019.

“With these two resale contracts and the newbuilding from Imabari Shipbuilding due to be delivered in the beginning of 2019, we now have three bulker newbuildings to be delivered in the period 2019-2020,” the company said.

As informed, Ugland Marine Services will be in charge of all management functions for the new vessels.

The company added that it plans to sell one or more of its oldest bulkers before it takes delivery of the newbuildings.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Defence Safety Conference 2019

The Defence Safety Conference returns to London this October as the only event solely dedicated to enhancing safety across all aspects of defence.

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

3rd MarSat Workshop

The MARSAT project wants to operationalise and standardise EO products and aims to develop…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >